Adani Ports orders Rs 450 crore in eight harbour tugs from Cochin Shipyard

Adani Ports has placed a significant order worth Rs 450 crore with Cochin Shipyard Ltd for eight advanced harbour tugs. The tugs are scheduled for delivery between December 2026 and May 2028. This purchase enhances APSEZ’s commitment to self-reliance and safety in the maritime sector. APSEZ is India’s largest private port operator.

Vizhinjam Port in Kerala celebrated its 100th commercial vessel, MSC MICHELA, arriving on Christmas Day. The vessel, flying the Portuguese flag, docked at 1:30 PM with a length of 299.87 metres and a draft of 12.5 metres. It came from Mumbai and will head to Shanghai after unloading containers. This marks a significant milestone for […]

Jawaharlal Nehru Port Authority (JNPA) collaborates with Switzerland-based Terminal Investment Limited Sarl (TIL) to invest Rs 20,000 crore in the Vadhvan Port development in Maharashtra. The project, involving a total investment of Rs 76,200 crore, aims to enhance port infrastructure and establish Vadhvan Port as a world-class facility.

Commerce and Industry Minister Piyush Goyal urged for complete industry-government integration on logistics platforms to boost efficiency. He emphasized green logistics through sustainable practices, adopting electric mobility and biofuels to reduce carbon footprint. Goyal also advocated skill development and AI/data analytics use for minimizing time and cost overruns.

Cochin Shipyard’s subsidiary, Udupi-Cochin Shipyard, launched the first of six cargo vessels for Norway’s Wilson ASA. These eco-friendly vessels, designed by Conoship International, will operate in European coastal waters. Wilson ASA has placed follow-on orders for eight more, totaling 14 vessels. This success highlights Udupi-CSL’s growing presence in the international shipbuilding market and its contribution […]

Sri Lanka’s Ports Minister Bimal Rathnayaka expressed support for the Adani-led consortium’s deep-water container terminal at Colombo port, noting its importance for revenue generation. Adani Ports will fund the project through internal resources, bypassing a $553 million loan from the US DFC due to stalled negotiations. However, the government opposes Adani’s wind power project in […]

India launched its first subsidized cargo vessel service on National Waterways 1 and 2. The service connects Kolkata with Patna, Varanasi, and Guwahati, aiming to reduce congestion on roads and railways. Three vessels carrying cement, gypsum, and coal embarked on their maiden voyages under the Jalvahak scheme, which incentivizes long-haul cargo transport via waterways.

Maersk, a global shipping giant, is exploring shipbuilding and repair opportunities in India, expressing confidence in the nation’s growing capabilities. This aligns with India’s ambitious shipbuilding policy, which offers substantial subsidies and a ship recycling credit note scheme to boost the industry through 2034, potentially extending to 2047.

Adani Ports and Special Economic Zone (APSEZ) has withdrawn its $553 million loan request from the US Development Finance Corporation for the Colombo port project. APSEZ will instead fund the project with internal resources. The project is progressing well and is expected to be operational early next year. This follows investigations into Adani by US […]

Adani Port: On Monday, the Ministry of Ports, Shipping, and Waterways granted an extension for petroleum imports at Adani Krishnapatnam Port in Andhra Pradesh. This approval allows the port to maintain its petroleum imports by sea, in line with the operations authorized under the Navigational Safety at Ports Committee (NSPC) certificate.